User: If market interest rates are higher than the rate offered on the bonds being sold, they will be sold at (Points : 5)
a premium.
a discount.
face value.
a loss.

User: 3. Retained earnings are often appropriated while the bonds are outstanding. Which of the following is a reason for the appropriation? (Points : 5)
Corporation management wants to protect the bondholders.
The bond contract or the board of directors requires it.
Tax law requires it.
The buyers require it.

Weegy: Sir/Madam, THe answer is "The bond contract or the board of directors requires it."beboythewizkid|Points 2048|